Defaults are declining in the high-yield arena as corporate issuers enjoy rising profitability and strong balance sheets
The energy sector continued to impede domestic equity and sector funds
Canadian equity balanced funds have benefited from low interest rates and global growth. Portfolio managers are upbeat, but selective
Domestic equity funds had positive results for the year but trailed their foreign counterparts
Canadian markets trailed those in the U.S. last year, but portfolio managers see some positives. One caution flag is the economic cycle's late stage
While attractive stocks become more and more expensive, slumping sectors such as energy and retail get cheaper and cheaper
A weakening greenback and stable commodities have resulted in strong earnings in the first half of the year
Canadian equity funds had a solid month as the S&P/TSX composite index broke through the 16,000 mark for the first time
After years of struggling with sluggish growth and high unemployment, Europe is on the mend. The outlook for political stability is also improving, despite Brexit
With the Bank of Canada steering policy based on an improving economy, domestic bond yields are rising. Still, fund managers are watchful for destabilizing events